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This year, cloud service revenue is expected to reach USD 212 billion, up from 182.4 billion dollars in 2018. Gartner predicts that the market share and growth of the cloud services sector will be nearly three times that of all regular IT services by 2022. And even the conservative Germans, who are still quite suspicious about data protection and data security in the cloud, are not completely abstinent – 73% of businesses in Germany reportedly use the public cloud, with a revenue of EUR 22.5 billion expected by 2020. Good times are clearly ahead for cloud providers.
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